The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sat Paul Bansal
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Promoter Sat Paul Bansal received 4,80,540 equity shares (15.58% of diluted share capital) from his wife Sarita Rani Bansal through an off-market inter-se transfer by way of gift on 15-09-2025. The transaction was reported to BSE on 16-09-2025 under Regulation 10(6) of SEBI (SAST) Regulations, 2011, and is exempt from open offer requirements under Regulation 10(1)(a)(i). Post-transaction, Sat Paul Bansal's stake rose from 2.46% (75,720 shares) to 18.04% (5,56,260 shares), while Sarita Rani Bansal's stake fell from 33.62% (10,36,800 shares) to 18.04% (5,56,260 shares). The total promoter group holding remains unchanged at 74.65% of the company. No cash consideration was involved as it was a gift between husband and wife within the promoter family.
This is a purely internal promoter family reshuffle with no change in total promoter control, no cash outflow, and no impact on minority shareholders. Stock price is unlikely to be affected as it is not a market-driven transaction.